Advanced TidGen Power System - LCOE Calculations and System Overview

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The TidGen Power System generates emission-free electricity from tidal currents and connects directly into existing grids using smart grid technology. The power system consists of three major subsystems: shore-side power electronics, mooring system, and turbine generator unit (TGU) device.

This submission includes the Advanced TidGen cost and cost of energy metrics after critical design review for BP1, and a complete LCOE content model and LCOE reporting according to DOE guidance for the baseline system and the system with advanced technology integrated. A revised LCOE content model is also included, with more relevant market array assumptions.

Additionally, this submission includes a complete system overview and component overview content models. The LCOE Content Model provides data submitters with an easy and consistent means of uploading data that can be used to calculate the levelized cost of energy for MHK devices.

Data represents the design completed for the Critical Design Review conducted at ORPC in December, 2017. All values are for a single device. Note that with substantial fixed costs, larger arrays will greatly reduce LCOE. For an array in Admiralty Inlet producing 136,000 MWh, 270 devices with an array CAPEX of $540,260,052 and an array OPEX of $39,959,207 would result in an LCOE of $722/MWh.

Citation Formats

Ocean Renewable Power Company. (2018). Advanced TidGen Power System - LCOE Calculations and System Overview [data set]. Retrieved from https://dx.doi.org/10.15473/1492964.
Export Citation to RIS
Marnagh, Cian, McEntee, Jarlath. Advanced TidGen Power System - LCOE Calculations and System Overview. United States: N.p., 14 Jun, 2018. Web. doi: 10.15473/1492964.
Marnagh, Cian, McEntee, Jarlath. Advanced TidGen Power System - LCOE Calculations and System Overview. United States. https://dx.doi.org/10.15473/1492964
Marnagh, Cian, McEntee, Jarlath. 2018. "Advanced TidGen Power System - LCOE Calculations and System Overview". United States. https://dx.doi.org/10.15473/1492964. https://mhkdr.openei.org/submissions/269.
@div{oedi_269, title = {Advanced TidGen Power System - LCOE Calculations and System Overview}, author = {Marnagh, Cian, McEntee, Jarlath.}, abstractNote = {The TidGen Power System generates emission-free electricity from tidal currents and connects directly into existing grids using smart grid technology. The power system consists of three major subsystems: shore-side power electronics, mooring system, and turbine generator unit (TGU) device.

This submission includes the Advanced TidGen cost and cost of energy metrics after critical design review for BP1, and a complete LCOE content model and LCOE reporting according to DOE guidance for the baseline system and the system with advanced technology integrated. A revised LCOE content model is also included, with more relevant market array assumptions.

Additionally, this submission includes a complete system overview and component overview content models. The LCOE Content Model provides data submitters with an easy and consistent means of uploading data that can be used to calculate the levelized cost of energy for MHK devices.

Data represents the design completed for the Critical Design Review conducted at ORPC in December, 2017. All values are for a single device. Note that with substantial fixed costs, larger arrays will greatly reduce LCOE. For an array in Admiralty Inlet producing 136,000 MWh, 270 devices with an array CAPEX of $540,260,052 and an array OPEX of $39,959,207 would result in an LCOE of $722/MWh.}, doi = {10.15473/1492964}, url = {https://mhkdr.openei.org/submissions/269}, journal = {}, number = , volume = , place = {United States}, year = {2018}, month = {06}}
https://dx.doi.org/10.15473/1492964

Details

Data from Jun 14, 2018

Last updated Jun 29, 2020

Submitted Jun 14, 2018

Organization

Ocean Renewable Power Company

Contact

Cian Marnagh

207.772.7707

Authors

Cian Marnagh

Ocean Renewable Power Company

Jarlath McEntee

Ocean Renewable Power Company

DOE Project Details

Project Name ADVANCED TIDGEN POWER SYSTEM

Project Lead Tim Ramsey

Project Number EE0007820

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